Kin Long adopts Wolters Kluwer CCH Tagetik expert solution to meet financial consolidation and reporting needs

Wolters Kluwer

PR97733

 

NEW YORK, Sept. 12, 2022 /PRNewswire=KYODO JBN/ --

 

Wolters Kluwer, a global leader in professional information, software

solutions, and services, announced today that Kin Long has implemented CCH

Tagetik Financial Close & Consolidation software, to keep pace with evolving

accounting standards. Kin Long has selected EPM Venus as the implementation

partner for this project.

 

Kin Long is one of the largest suppliers of architectural fittings, exporting

its hardware to more than 100 countries worldwide. It offers innovative and

professional architectural hardware research, development, manufacturing, and

marketing services. The company's accelerated growth both domestically and

internationally, along with compliance and regulatory changes in China,

required Kin Long to evaluate its financial close and consolidation needs

carefully.

 

The CCH Tagetik expert solution supports Kin Long in achieving digital

transformation in the financial department by providing a comprehensive,

data-driven, and unified platform for financial & operational planning,

analytics, reporting, financial close, and regulatory compliance, providing

more data decision analysis for the finance team to support business

development.

 

"CCH Tagetik Financial Close & Consolidation software is a powerful solution

and has exceeded our expectations for consolidation requirements," said Huang

Ping, Head of Reporting, Kin Long. "The project was implemented very smoothly.

The EPM Venus team built an efficient system for financial data collection and

reporting and upgraded the front-end accounting system - which truly improved

the efficiency of financial reconciliation and consolidation. We look forward

to working with CCH Tagetik for a long time."

 

"We are delighted to collaborate with Kin Long," said Michael Chung, General

Manager of Greater China, CCH Tagetik at Wolters Kluwer. "CCH Tagetik empowers

our clients to unify and streamline financial close and consolidation,

integrate business planning and regulatory compliance through an intuitive

interface, built-in financial intelligence, and automated workflows to improve

team collaboration."

 

"We are honored to collaborate with Kin Long and to jointly carry out this

project using the CCH Tagetik Financial Close & Consolidation," said Eric Yan,

Project Manager, EPM Venus. "We look forward to continued partnership and

further facilitating digital financial transformation through CCH Tagetik's

intelligent platform."

 

About Wolters Kluwer

 

Wolters Kluwer (WKL) is a global leader in professional information, software

solutions, and services for healthcare, tax, and accounting, governance, risk

and compliance, legal and regulatory sectors. We help our customers make

critical decisions every day by providing expert solutions that combine deep

domain knowledge with advanced technology and services.

 

Wolters Kluwer reported 2021 annual revenues of €4.8 billion. The group serves

customers in over 180 countries, maintains operations in over 40 countries, and

employs approximately 19,800 people worldwide. The company is headquartered in

Alphen aan den Rijn, the Netherlands.

 

Wolters Kluwer shares are listed on Euronext Amsterdam (WKL) and are included

in the AEX and Euronext 100 indices. Wolters Kluwer has a sponsored Level 1

American Depositary Receipt (ADR) program. The ADRs are traded on the

over-the-counter market in the U.S.(WTKWY).

 

For more information, visit www.wolterskluwer.com, and follow us on Twitter,

Facebook, LinkedIn, and YouTube.

 

Media Contacts:

 

Beatriz Santin  

CCH Tagetik

+1 339 229 2447 office

Beatriz.santin@wolterskluwer.com

                                                                                

      

JackieHyland                                                                    

CCH Tagetik                                              

+1 984 218 5410

office                                                                    

Jackie.hyland@wolterskluwer.com                                                

  

 

Logo - https://mma.prnewswire.com/media/1441883/Wolters_Kluwer_Logo.jpg

 

SOURCE: Wolters Kluwer

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